omg..............

"Regardless of the investment requirements for a particular dealership opportunity, Harley-Davidson Motor Company has also established minimum financial requirements for dealer prospects to be entered into the prospect database. These financial requirements ensure the strength of the candidate and continued growth of the business. The minimum requirements that Harley-Davidson looks for when reviewing Prospective Dealer Applications are $2 million net worth and $1 million unencumbered funds (liquid assets).
NOTE: The investment requirements for a sellout of an existing dealership are often considerably higher than $1 million unencumbered funds"

 

So are ya surprised or not?

 

Did ya think it would be easy?...25 motorcycles@an average of 18,000.00=450,000.Not counting parts equip,build,etc..

 

That's been the requirement for years and years and years now.

 

That's been the requirement for years and years and years now. Matter of fact that's pretty much the same financial requirements for a lot of "name brand" franchises, i.e. McDonald's, Burger King, Taco Bell, etc

 

seems pretty low really

 

I agree. To get into a business with a name and following like HD, $2M Net and $1M liquid is really not bad at all. I mean in today's world a million dollars really isn't THAT much money anymore.

 

[QUOTE=Big Pig;6015985]I agree. To get into a business with a name and following like HD, $2M Net and $1M liquid is really not bad at all. I mean in today's world a million dollars really isn't THAT much money anymore.[/QUOTE

It is for me !!!

 

[QUOTE=rocstar50;6016049]yeh, I got that much in loose change around here

 

Id agree iam far from it but in the buisness world those figures are not much anymore.

As for harley dealers just wait around from what i have heard even harley feels that 80 to 100 more dealers will close by the end of 2010.